Which of the following statements is true of results-oriented rating methods of appraising employee performance?
A. They place primary emphasis on what an employee produces.
B. They evaluate each employee in terms of performance standards without reference to others.
C. They use critical incidents to describe various levels of performance.
D. They focus on employee behaviors.
Answer: A
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Answer the following statements true (T) or false (F)
APB Statement 4 adopted a very strong emphasis on the diversity of users.
A company has two different products that are sold in different markets. Financial data are as? follows: Product A Product B Total Revenue ?$15,000 ?$9,400 ?$24,400 Variable cost ?(7,000) ?(9,800) ?(16,800) Fixed cost? (allocated) ?(3,000) ?(2,100) ?(5,100) Operating income? (loss) ?$5,000 ?$(2,500) ?$2,500 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. If Product B is? dropped, what would be the impact on total operating income of the? company?
Ajax Corporation is performing a sensitivity analysis on one of its product. The product currently sells for $210 per unit, with variable cost of $90 per unit and fixed costs of $400,000. Ajax currently sells 12,000 units of this product. Ajax is considering raising its price by 15%. If prices increase, then it is expected that units sold will decrease by 10%. Calculate the change in operating income.
A) $196,200 decrease B) $248,500 increase C) $248,500 decrease D) $196,200 increase
Which of the following was the result in The Spur at Williams Brice Owners Association, Inc. v. Lalla, the case in the text in which a homeowners' association brought suit against an owner to enforce a restrictive covenant barring rentals to unrelated college students?
A. The court ruled that the agreement remained enforceable as there were other options available to the owners. B. The court ruled that the covenant was not enforceable because it was unreasonable as to the parties. C. The court ruled that the covenant was not enforceable because it was injurious to the public by reason of its effect on leasing in the area. D. The court ruled that the covenant remained enforceable despite an economic change in conditions. E. The court ruled that the covenant was not enforceable because the economic conditions had changed significantly, making the restrictive covenant unfair to the owners.